Thornburg Income Builder Opportunities Trust

Thornburg Income Builder Opportunities Trust

TBLD
Thornburg Income Builder Opportunities TrustUS flagNASDAQ Global Select
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USD
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Recent

price

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P/E

ratio

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div

yld

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ROIC.AI

2021
2022
2023
2024
2025
FRC
-0.14
-3.4
3.37
3.8
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Revenue per Share
-0.16
-3.52
3.26
3.69
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Basic EPS, GAAP
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Free Cash Flow per Basic Share
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Dividend per Share
19.74
15.01
16.98
19.45
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Book Value per Share
19.74
15.01
16.98
19.45
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Tangible Book Value per Share
32
32
32
32
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Basic Weighted Avg Shares
-4
-109
108
122
102
Sales/Revenue/Turnover
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Operating Margin (%)
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Depreciation Expense
-5
-113
105
118
98
Net Income, GAAP
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Effective Tax Rate (%)
114.25
103.54
96.71
96.99
95.57
Profit Margin (%)
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Working Capital
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LT Debt
633
480
545
623
681
Total Equity
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Return on Invested Capital (%)
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Return on Capital (%)
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-20.24
20.4
20.24
14.99
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
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9.24%
Free Cash Flow
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Net Income, GAAP
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-17.33%
Sales/Revenue/Turnover
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-16.11%
Total Cash Common Dividend
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Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
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108
2024
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122
2025
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102

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
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3.26
2024
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3.69
2025
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Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
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2024
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2025
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Business
Thornburg Income Builder Opportunities Trust (TBLD) is a closed-end management investment company sponsored by Thornburg Investment Management, Inc., that seeks to provide investors with high current income, with a secondary objective of capital appreciation. The Trust invests primarily in a diversified portfolio of income-producing securities, including floating- and fixed-rate senior loans, high-yield bonds, multi-sector fixed income instruments, and equities across global markets; it employs an opportunistic, multi-asset strategy that may also include mortgage-backed securities, emerging market debt, and other credit opportunities to maximize total return potential. Headquartered in Santa Fe, New Mexico, the Trust was launched in 2024 as part of Thornburg's closed-end fund offerings, which operate without geographic limitations and target institutional and retail investors seeking enhanced yield in varying interest rate environments. The Trust's core offerings encompass a flexible allocation approach, dynamically shifting between fixed income (such as corporate bonds, collateralized loan obligations, and U.S. Treasuries), floating-rate loans to reduce duration risk, and equity positions in sectors like financials, energy, and technology for growth; leverage is utilized through borrowings to amplify returns, subject to regulatory limits. Thornburg Investment Management provides active management leveraging proprietary research and macroeconomic analysis to navigate credit cycles and market volatility. The fund trades on the NYSE under ticker TBLD and is structured to offer weekly repurchases at net asset value for liquidity. In recent developments, the Trust successfully completed its initial public offering in October 2024, raising approximately $106.25 million, marking Thornburg's expansion into multi-asset closed-end funds amid rising demand for income solutions. No major acquisitions, partnerships, or strategic shifts have been announced as of late 2025, though the sponsor continues to emphasize portfolio adjustments in response to Federal Reserve rate policies and credit market dynamics. The Trust operates as a standalone entity under Thornburg Investment Management, with no subsidiaries or parent relationships beyond the sponsor's oversight.